Nearly half of respondents to a US-China Business Council survey reported losing sales to international competitors due to U.S. export controls, which is almost 20% more than last year, the council said in summary of those survey results this week. It said 56% of companies reported losing sales to Chinese competitors and that, in total, "nearly 60% of companies affected by export controls saw declines in market share last year."
The Trump administration’s decision to approve exports of advanced Nvidia chips to China could backfire on the U.S. the next time it tries to convince allies to restrict their advanced technology shipments to China, Divyansh Kaushik of Beacon Global Strategies said.
The U.S. Chamber of Commerce and the American Chamber of Commerce in Brazil both are urging the Brazilian government and the U.S. government to negotiate so that 50% tariffs on Brazilian goods don't come to pass.
Ted Posner, former assistant general counsel for international affairs at the Treasury Department, has joined Baker Botts as a partner in the international trade practice, the firm announced. Posner joined Treasury in October 2020, advising various agency officials on issues ranging from investment security to trade, Baker Botts said. Prior to joining Treasury, Posner worked as a partner at Weil Gotshal for eight years and at Crowell & Moring for three years.
A Federal Maritime Commission small claims officer on July 14 dismissed a demurrage-related complaint against ZIM Integrated Shipping Services, saying Oregon-based exporter Bridgewell Agribusiness had no contractual relationship with the Israeli ocean carrier.
The State Department approved possible military sales, to Lebanon and to Norway, the Defense Security Cooperation Agency said last week.
The Federal Maritime Commission this week updated its record of cases and decisions related to shipping violations “that may be significant or establish legal precedent.” The 807-page document now incorporates decisions that took place from January 2024 through December 2024.
The U.S. District Court for the District of Columbia on July 11 upheld Chinese lidar company Hesai Technology's designation as a "Chinese military company." Judge Paul Friedman waded through issues of statutory interpretation regarding the Pentagon's definition of the phrase "military-civil fusion contributor to the Chinese defense industrial base" and DOD's evidentiary basis for finding that this phrase describes Hesai (Hesai Technology v. U.S. Dep't of Def., D.D.C. # 24-01381).
The House Armed Services Committee approved legislation July 15 that would expand the Defense Department’s 1260H list of Chinese military companies to include state-owned enterprises operating outside of China.
A House Appropriations subcommittee July 15 approved an FY 2026 Commerce-Justice-Science appropriations bill that would provide $303 million for the Bureau of Industry and Security, up 59% from the FY 2025 enacted level (see 2507140024). The legislation now heads to the full Appropriations Committee for its consideration.